SK SHIPPING EUROPE PLC v CAPITAL VLCC 3 CORPORATION AND ANOTHER (THE “C CHALLENGER”)

[2021] 2 Lloyd's Rep. 109

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice Foxton

Charterparty (Time) – Misrepresentation – Whether owners misrepresented vessel's fuel consumption – Whether owners in repudiatory breach of charter – Whether charterers entitled to rescind or terminate charter for misrepresentation or repudiatory breach – Whether charterers affirmed charter – Whether charterers’ guarantor entitled to rescind guarantee – Whether charterers in repudiatory breach – Whether Statute of Frauds satisfied – Whether guarantor liable to owners.